Dutch regulator is about to fine unauthorised operators

3 Dec 2016

Dutch regulatorNetherlands are about to be more strict against the illegal gambling operators, because as it seems, the whole situation has gone off limits. The Dutch regulator, Kansspelautoriteit (KSA) has been issuing letters to the gambling sites who act without an authorization and the proper permits in the country, but nothing has been improved yet. Now the things are about to change a lot, since those gambling companies are about to receive a huge fine. It will be as high as €820,000 for those who have breached the rules and have been the most serious offenders. And equivalent to the value of 10% of sales to Dutch punters for all the other operators.

Kansspelautoriteit believes that its regulatory provisions should be followed by every operator in Netherlands and since the letters to the operators didn’t do the job, proceeded to more harsh measures. It will not be long though until the Dutch parliament will pass the Remote Gambling Bill that will change everything as it is now known about online gambling in Netherlands.

10,000+ have already benefited from Bookmakers.bet

Register to our newsletter and be the first to get our exclusive bonuses and promotions. Fill in your name & email and stay tuned on the latest offers and the new bookmakers in your country.

I agree with the terms of use.

BOOK SPY

The shareholders of GVC Holdings have voted and approved the relocation of the company’s headquarters and tax residence from the Isle of Man to the UK...

Read more »

The world no. 1 chess grandmaster Magnus Carlsen has signed a sponsorship deal with Unibet, that will make him the global brand ambassador of the famo...

Read more »

The federal states of Germany have reached an initial agreement regarding the establishment of a new draft interstate treaty on the regulation of all ...

Read more »

The UK Gambling Commission has announced that it will ban the use of credit cards on all gambling activities taking place in Great Britain from 14 Apr...

Read more »

Betsson is paying out early on Liverpool FC to be crowned the 2019-20 Premier League champion, since the Reds sit 14 points clear atop the table with ...

Read more »

The new draft law on online gambling, that was initially submitted to the Hellenic Parliament on October 9, 2019, has been eventually submitted to the...

Read more »

The Swedish bookmaker Betsson has taken a 75% stake of Suaposta, which is one of the first betting brands to ever operate in Brazil. The Stockholm-bas...

Read more »

The gross gambling yield (GGY) of the British gambling industry decreased 0.3% year-on-year for the period between April 2018 and March 2019, amountin...

Read more »

The gaming group Soft2Bet, which is based in Malta, is getting ready to start its operations within the well-regulated Swedish gambling market; since ...

Read more »

Online sports betting operators in France enjoyed significant quarterly revenue growth for Q3 2019 compared to the revenue generated during the same p...

Read more »